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Money Rehab with Nicole Lapin

How Real Estate is Reacting to the Election, Interest Rates, the NAR Lawsuit and Climate Change

04 Nov 2024

Description

Today, Nicole is joined once again by Jon Grauman (Real Estate Agent and Founder and Principal at Grauman Rosenfeld Group) to talk about all things real estate. From the election, to interest rates, the NAR lawsuit, and climate change, Jon and Nicole leave no stone unturned so you can plan the next steps for you and your future (or current!) home.

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Full Episode

0.169 - 16.32 Nicole Lappin

One of the things I really love about my work is the fact that I can do it from anywhere. Getting a change of scenery can really help inspire creativity in my work and has once or twice or maybe more cured my writer's block. Being away for work, for fun, or for both is a perfect opportunity to host your space on Airbnb.

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17.04 - 35.033 Nicole Lappin

That way, not only do you get to experience a new part of the world, but you're also making money while you're doing it. And if you think hosting is overwhelming, I have a solve for you. With Airbnb's co-host network, it is easier than ever before to host. Now you can hire a high-quality local co-host to take care of your home and your guests.

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35.433 - 56.552 Nicole Lappin

They can do everything from creating your listing to managing reservations to messaging guests and providing on-site support. They can even help with design and styling. Also, by hosting on Airbnb, you can become part of another family's story, maybe even their hero. As you know, I stayed in an Airbnb for months when my house burned down, and I truly do not know what I would have done otherwise.

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56.992 - 75.543 Nicole Lappin

So if you've got a secondary property or an extended trip coming up and you need a little help hosting while you're away, you could hire a co-host to do the work for you. Find a co-host at airbnb.com slash host. I'm Nicole Lappin, the only financial expert you don't need a dictionary to understand. It's time for some money rehab.

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84.065 - 96.277 Nicole Lappin

Real estate is affected by a bunch of different economic factors, interest rates, supply and demand, inflation, but it's also affected by elections. Of course, the market will be impacted by the policies put in place by whoever is our next president.

96.637 - 111.45 Nicole Lappin

And I did a whole episode about Harris's platform on real estate and Trump's platform on real estate, which I've linked in the show notes in case you've missed it. But there's one particular policy proposal that is so hotly debated, which is Trump's plan to make housing more affordable and by deporting undocumented immigrants.

111.95 - 131.077 Nicole Lappin

Of course, there are ethical and human rights implications to mass deportation. And this, of course, is an immigration issue as much as it is an economic issue. And immigration is not so much partisan as it just is deeply inflammatory. So today I'm going to be focusing on the economic impact of that policy. Should it be put into effect? And joining me to talk it through is John Grauman.

131.497 - 145.023 Nicole Lappin

John has been in the show twice before, so he needs no introduction, but I will give him one anyway. John is a real estate agent extraordinaire in California and a super smart expert in the industry. And we do get into what policy would make housing more affordable, but that is not all.

145.123 - 168.267 Nicole Lappin

We also do a vibe check on the housing market as a whole, talk about how climate disaster has affected real estate. And John tells me which buzzy real estate tips online are true and which ones are the gazey. John Grauman, welcome back to Money Rehab. Thank you. So we have to start by giving an overall real estate vibe check. What is going on? I love talking to you.

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